Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0707%/8h= −77.5% APRnext payment $0.88 per $10,000 · paid last 24h −0.133%
Price spread now: GMX against RISEx−0.003%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC790.080.0361pay 0.0045% / 1h3m 19s$1.1M$979K20x
ShortGMX BNB/USD [WBTC.b-USDC]790.06L −0.0181% / S +0.0347%pay 0.0043% / 1h3m 19s$46K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against RISEx. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$148.54
Price spread: −0.003% → 0.000%
−$0.28
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$166.82
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, just now; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, just now1.01 bp4.0 bp −$49.1 bp −$91doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]shortL −0.0181% / S +0.0347%1h790.06−0.003%$46K200x
Hotstuff BNB-PERP−0.0080%1h790.11+0.004%$4K$23925xas long as short
StandX BNB-USD0.0000%1h791.07+0.126%$855K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.02−0.008%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.900%$19K$789K30xas long as short
Aster BNBUSDT+0.0047%8h790.40+0.041%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h790.10+0.003%$590K$1.9M50xas long as short
BingX BNB-USDT+0.0058%8h790.24+0.021%$34.3Mas long as short
Phemex BNBUSDT+0.0068%8h790.17+0.012%$69.2M$50.3M50xas long as short
MEXC BNB_USDT+0.0070%8h791.10+0.129%$80.4M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0071%8h790.63+0.070%$493.8M$791.6M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.86−0.027%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.22+0.018%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.18+0.013%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h789.25−0.105%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.72+0.081%$51.9M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.81−0.034%$1.2M$914K20xas long as short
Bybit BNBUSDT+0.0100%8h789.80−0.035%$139.0M$76.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.90−0.022%$53.4M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h789.90−0.022%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.00−0.010%$35.4M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.94−0.017%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.75−0.041%$76.5M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.74+0.084%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.30−0.099%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.24+0.020%$4.1M$74.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.01−0.009%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.06−0.002%$133K$949K10xas long as short
Derive BNB-PERP+0.0100%1h790.32+0.030%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.14+0.008%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.20+0.015%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.95−0.016%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h790.24+0.021%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.70−0.047%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.00−0.010%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h790.39+0.040%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0138%8h790.45+0.047%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0184%8h790.90+0.104%$105K$2.7M4.8xas long as short
dYdX BNB-USD+0.0190%1h789.65−0.054%$160K$64K10xas long as short
BloFin BNB-USDT+0.0191%8h790.74+0.084%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0280%1h790.31+0.029%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.59+0.065%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h789.75−0.042%$6K$3K40xas long as short
Bulk BNB-USD+0.0338%1h790.78+0.089%$640K$9K10xas long as short
RISEx BNB/USDClong+0.0361%1h790.08long leg$1.1M$979K20x
Hibachi BNB/USDT-P+0.0576%1h790.23+0.019%$67K$38K12xas long as short